ENDURANCE SPECIALTY HLDGS LT

CUSIP: G30397106 Class: SHS

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 135,745 Value ($000) $8,870 Avg Close — Range —
Q4 2015
Shares 115,416 Value ($000) $7,385 Avg Close — Range —